Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Crypto Hacks Hit Record 207 Incidents in H1 2026, Losses $972M

Crypto Hacks Hit Record 207 Incidents in H1 2026, Losses $972M

CoinEditionCoinEdition2026/07/10 14:36
By:CoinEdition

There have been 207 successful crypto attacks in the first half of 2026, according to new figures from blockchain security platform Immunefi. This is also the highest number ever recorded in a six-month period. Despite the record number of attacks, total losses reached approximately $972 million, remaining below $1 billion.

That represents less than half of the losses recorded during H1 2025, meaning as crypto hacks grow in raw numbers, they are causing less financial damage. Projects are still getting hacked, but catastrophic billion-dollar failures have become less common.

DeFi protocol losses dropped almost 80% from $2.62 billion in 2022 to $534 million in 2024. Losses in 2025 bounced back to $680 million, which is still considerably less than at the height of DeFi exploits.

Median loss per hack fell from $6 million in 2022 to $1.5 million in 2025, a 75% drop, even as total value locked in DeFi grew significantly across the board. Bridge hacks also dropped sharply, from 73% of all losses in 2022 to only 3% in 2025.

Immunefi credits the lower losses to bigger bug bounties, regular smart contract audits, competitive security reviews, more skilled blockchain security researchers, and better monitoring as key factors. Instead of waiting for code to be hacked, more vulnerabilities are now being discovered by ethical hackers before they can be exploited.

(adsbygoogle = window.adsbygoogle || []).push({});

During the first half of 2026, researchers reported 837 valid vulnerabilities through Immunefi. Approximately $13.45 million was paid in bug bounties, and lifetime researcher rewards surpassed $140 million.

Reportedly, the platform now safeguards over $180 billion in assets, partners with more than 650 protocols, has over 92,000 registered security researchers, and is estimated to have helped prevent more than $25 billion in potential losses from crypto hacks.

Despite shrinking losses, attacks continue to grow, fueled primarily by the growth of the entire Web3 industry. 

Blockchain intelligence company TRM Labs says Q2 2026 saw 123 crypto hacks, contributing to the record total of 207 attacks during H1 2026. The bulk of those were smart contract exploits (125 out of 207), even though they made up only a small portion of the total value stolen.

According to TRM Labs, these attacks are getting more complex, often bundling several manipulations into one attack instead of just one coding bug. Most stolen money still comes from financial services and crypto‑focused platforms.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

From "chasing the light" to "going upstream toward the light"! Morgan Stanley asserts: In the tsunami of computing power, fiberglass fabric and copper foil ignite a super cycle in materials.

Morgan Stanley's latest research report points out that the global frenzy of AI infrastructure expansion is shifting from downstream GPU and wafer foundry to a comprehensive upstream spread in critical base material sectors.

智通财经2026/09/14 04:31
From "chasing the light" to "going upstream toward the light"! Morgan Stanley asserts: In the tsunami of computing power, fiberglass fabric and copper foil ignite a super cycle in materials.

As "AI slowdown" impacts the semiconductor sector, Goldman Sachs issues a bullish report! Target prices for the "Korean memory chip giants" indicate nearly 90% upside potential.

Goldman Sachs reaffirmed its “Buy” rating for the world’s two largest memory chip giants — Samsung Electronics and SK Hynix. Samsung Electronics continues to be on Goldman Sachs’ Conviction List.

智通财经2026/09/14 04:26
As "AI slowdown" impacts the semiconductor sector, Goldman Sachs issues a bullish report! Target prices for the "Korean memory chip giants" indicate nearly 90% upside potential.